【$TRIA Signal】Long - 1H breakout and retest confirmation, clear signs of main force supporting the market
$TRIA The 1H timeframe is consolidating strongly above the EMA20, just completing a test and retest of the previous high at 0.0177. The 4H timeframe has broken through the downward trendline, forming a bullish structure. Price rally accompanied by stable open interest indicates it’s not just a short squeeze, and the main force’s support intention is obvious. The order book shows sparse sell orders above, weak resistance levels, and conditions for a quick surge.
🎯Direction: Long (Long)
🎯Entry/Order: 0.01735 - 0.01745 (Reason: Retest of 1H EMA20 support zone and the midpoint of the previous hour’s candlestick body )
🛑Stop loss: 0.01695 (Reason: Break below the previous hour’s low and the neckline of the 4H breakout structure )
🚀Target 1: 0.01820 (Reason: Resistance at previous high and Fibonacci 0.786 level on the 4H timeframe )
🚀Target 2: 0.01900 (Reason: Previous high area on the daily chart and psychological integer level )
🛡️Trade management:
- Position suggestion: Standard position (Reason: Multi-timeframe resonance, risk-reward ratio >1.5 )
- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Track remaining position with 1H EMA20 as a trailing take-profit line. If price fails to stabilize in the entry zone, exit immediately.
Depth logic: Open interest remains stable after price rally, indicating long positions have not been wiped out and funds are still in the market. The 1H RSI(67) is in a strong zone but not overbought, leaving room for upward movement. Market depth shows very sparse sell orders above 0.0177, heavy buy orders accumulated around 0.0173-0.0174, forming a support cushion. Combined with positive funding rates, market sentiment is bullish but not overheated, conducive to further upward push.
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【$TRIA Signal】Long - 1H breakout and retest confirmation, clear signs of main force supporting the market
$TRIA The 1H timeframe is consolidating strongly above the EMA20, just completing a test and retest of the previous high at 0.0177. The 4H timeframe has broken through the downward trendline, forming a bullish structure. Price rally accompanied by stable open interest indicates it’s not just a short squeeze, and the main force’s support intention is obvious. The order book shows sparse sell orders above, weak resistance levels, and conditions for a quick surge.
🎯Direction: Long (Long)
🎯Entry/Order: 0.01735 - 0.01745 (Reason: Retest of 1H EMA20 support zone and the midpoint of the previous hour’s candlestick body )
🛑Stop loss: 0.01695 (Reason: Break below the previous hour’s low and the neckline of the 4H breakout structure )
🚀Target 1: 0.01820 (Reason: Resistance at previous high and Fibonacci 0.786 level on the 4H timeframe )
🚀Target 2: 0.01900 (Reason: Previous high area on the daily chart and psychological integer level )
🛡️Trade management:
- Position suggestion: Standard position (Reason: Multi-timeframe resonance, risk-reward ratio >1.5 )
- Execution strategy: After reaching Target 1, reduce position by 50% and move stop loss to entry price. Track remaining position with 1H EMA20 as a trailing take-profit line. If price fails to stabilize in the entry zone, exit immediately.
Depth logic: Open interest remains stable after price rally, indicating long positions have not been wiped out and funds are still in the market. The 1H RSI(67) is in a strong zone but not overbought, leaving room for upward movement. Market depth shows very sparse sell orders above 0.0177, heavy buy orders accumulated around 0.0173-0.0174, forming a support cushion. Combined with positive funding rates, market sentiment is bullish but not overheated, conducive to further upward push.
Check real-time market 👇 $TRIA
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